India is home to several bad roads be it the metropolitans, the cities or the villages. Bad road conditions are nothing new to India and the problem is being addressed since the last 30 years. However, of lately, many road projects have been sanctioned by the government and are up for bidding.
Tag: engineering
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NHAI to award road projects for 1,600 km
Under the Engineering, Procurement and Contract (EPC) route, the National Highways Authority of India (NHAI) is set to award road projects of over 1,600 km in the next few months. It sends an indication that in the road sector the momentum is picking up again after sector had been under pressure till recently.
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Tata Technologies to enter healthcare, energy and telecom sector
Tata Technologies, a Tata group's design and engineering arm is all set to enter sectors such as energy including oil & gas, medical devices and telecom.
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Going global means balancing your markets
Trade to Western Europe has come down drastically and increased substantially to the US, Africa and Asia, says David Rasquinha, Executive Director, Exim Bank.
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Essar Projects to offer more services
Media reports indicate that the Ruias controlled Essar Projects wants to diversify its operation beyond the basic engineering, procurement and construction (EPC) services it offers to clients. As part of this strategy, the company acquires a small stake in the projects that it executes for its global client
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IOC ropes in Essar Projects for safety improvement project
Indian Oil Corporation (IOC) roped in Dubai-based engineering firm Essar Projects to implement process safety related improvements at its terminals and depots across the country. According to the contract, Essar Projects is responsible for basic and detailed design and project management relating to implementation of various HSE requirements in 109 POL terminals or depots of IOC acro
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National Highway works to be taken up on EPC mode
For time-bound and faster completion of National Highway (NH) projects in Kerala, all works including improvement, development, and maintenance of roads and bridges on NH stretches passing through the State, will be taken up in the EPC (Engineering, Procurement and Construction) mode. The decision to adopt the EPC mode instead of the item rate contracts comes in the wake of the latest guidelines issued by the Union Ministry of Road Transports and Highways (MRTH), say sources.
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Govt to include panel suggestions for future JNNSM projects
Union ministry for New and Renewable Energy said it incorporated the suggestions given by an inter-ministerial committee to strengthen guidelines for selecting EPC contractors for projects under the Jawaharlal Nehru National Solar Mission (JNNSM). Following allegation of irregularities in implementing projects under JNNSM, the ministry set up the inter-minis
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Net profit of R-Infra rises 76%
During Jan-Mar 2013, the net profit of Reliance Infrastructure (R-Infra) grew a whopping 76 per cent to Rs 725 crore from Rs 411 crore in the year-ago period. However, the firm's total income from operations declined 15.3 per cent to Rs 6,187 crore from Rs 7,135 crore in the same quarter of 2011-12. The decline in incom
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Developers bid aggressively for EPC projects
National Highways Authority of India (NHAI) offered five of the six road projects awarded in April 2013, covering a total length of 339 km, under the engineering procurement construction or (EPC) mode. The authority awarded the remaining one project on the BOT-toll (build operate transfer) model, the predominant format under which projects were being offer